Positron Energy Limited provides management and technical advisory for the oil and gas industry in India. They offer end-to-end gas distribution solutions, including management consultancy, project management, and operation and management services. The company has developed a gas aggregation business focusing on natural gas and utilizes common carrier pipeline networks in the Indian market.
The company is certified according to ISO 9001:2015 and ISO 45001:2018 standards. This certification ensures the quality of consultancy and O&M services provided to the oil and gas sector.
The company serves major oil and gas sector players, including both public sector companies and private firms.
The services of the company include the following:
- Project Management Consultation (PMC),
- Operations and Maintenance of CGD (City Gas Distribution) Network,
- Operations and Maintenance of CNG and Small-scale LNG,
- Execution Projects for CGD Infrastructure etc.
The company has a total workforce of 140 employees at various project sites across India.
Positron Energy IPO – Details
| IPO Opening Date | 12 August 2024 |
| IPO Closing Date | 14 August 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 20,48,400 Shares Worth ₹51.21 Crore Fresh Issue: 20,48,400 Shares Worth ₹51.21 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹238 – ₹250 |
| Market Lot | 600 Shares |
| Min Order | 600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Positron Energy IPO – Date Schedule
| IPO Open Date | 12 August 2024 |
| IPO Close Date | 14 August 2024 |
| Basis of Allotment | 16 August 2024 |
| Initiation of Refund | 19 August 2024 |
| Credit of Shares to Demat Account | 19 August 2024 |
| IPO Listing Date | 20 August 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 14, 2024 |
Positron Energy IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,50,000 |
| Retail (Max) | 1 | 600 | ₹1,50,000 |
| HNI (Min) | 2 | 1200 | ₹3,00,000 |
Competitive Strengths
- Customized Solutions and Services.
- Adaptability to Changing Gas Pricing Landscape.
- Embracing Government Reforms.
- Diversified Portfolio for Future Growth.
- Experienced Leadership and Execution Team.
Company Promoters
- Mr. Rajiv Shankarankutty Menon
- Mr. Manav Bahri
- Mr. Sujit K Sugathan
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 3.53 | 3.37 | 0.22 | 1.19 |
| 31 March 2022 | 8.96 | 8.17 | 0.57 | 3.68 |
| 31 March 2023 | 52.02 | 49.15 | 2.12 | 7.41 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 0.85% |
| ROCE | 0.62% |
| Debt/Equity | 0.69 |
| RoNW | 59.01% |
| P/BV | 9.32 |
| PAT Margin (%) | 6.52 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 15.83 | 11.56 |
| P/E (x) | 15.79 | 21.62 |
Object Of The Issue
- To Meet Working Capital Requirements.
- General Corporate Purposes.
Positron Energy IPO Promoter Holding
| Pre Issue Share Holding | 98.56% |
| Post Issue Share Holding | 72.00% |
Positron Energy IPO Prospectus
Company Contact Information
| Positron Energy Limited Office No. 3, IT Tower-2, Ground Floor Infocity, Sector-7, Gandhinagar-382007 Phone: +91 63537 65381 Email: secretarial@positron-india.com Website: https://positron-india.com/ |
Positron Energy IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: positronenergy.ipo@linkintime.co.in Website: https://linkintime.co.in/initial_offer/public-issues.html |
Positron Energy IPO Lead Manager(s)
| 1. Beeline Capital Advisors Pvt Ltd |
Positron Energy IPO FAQs
| What is Positron Energy IPO? Positron Energy IPO is a SME IPO. The issue is priced at ₹238 and ₹250 per equity share. The IPO is to be listed on NSE SME. |
| WhenPositron Energy IPO will open? The IPO is to open on 12 August 2024 for QIB, NII, and Retail Investors. |
| What is Positron Energy IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, NII – 15%. |
| How to Apply the Positron Energy IPO? You can apply Positron Energy IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply thePositron Energy IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Positron Energy IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Positron Energy IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Positron Energy IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Positron Energy IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Positron Energy IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Positron Energy IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Positron Energy IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Positron Energy IPO Size? Positron Energy IPO size is ₹51.21 Crore. |
| What is Positron Energy IPO Price Band? Positron Energy IPO Price Band is ₹238 – ₹250. |
| What is Positron Energy IPO Minimum and Maximum Lot Size for retail? The minimum bid is 600 Shares with ₹1,50,000 amount while the maximum bid is 600 Shares with ₹1,50,000. |
| What is the Positron Energy IPO Allotment Date? Positron Energy IPO allotment date is 16 August 2024. |
| What is the Positron Energy IPO Listing Date? Positron Energy IPO listing date is 20 August 2024. The IPO is to be listed on NSE SME. |
